(VIANEWS) – Iron Mountain Incorporated (IRM), Western Asset Mortgage Defined Opportunity Fund (DMO), Cass Information Systems (CASS) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a guarantee of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.
When researching a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. Iron Mountain Incorporated (IRM)
266.54% Payout Ratio
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings Per Share
As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $0.94.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 71.29. Meaning, the purchaser of the share is investing $71.29 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 53.86%.
Sales Growth
Iron Mountain Incorporated’s sales growth is 13.3% for the ongoing quarter and 9.2% for the next.
Volume
Today’s last reported volume for Iron Mountain Incorporated is 1112310 which is 24.9% below its average volume of 1481280.
2. Western Asset Mortgage Defined Opportunity Fund (DMO)
75.42% Payout Ratio
Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Mortgage Defined Opportunity Fund has a trailing twelve months EPS of $-0.02.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.22%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 37.1%, now sitting on 19.44M for the twelve trailing months.
Moving Average
Western Asset Mortgage Defined Opportunity Fund’s value is higher than its 50-day moving average of $10.94 and higher than its 200-day moving average of $10.72.
Yearly Top and Bottom Value
Western Asset Mortgage Defined Opportunity Fund’s stock is valued at $11.10 at 01:23 EST, under its 52-week high of $11.66 and way above its 52-week low of $10.00.
Volume
Today’s last reported volume for Western Asset Mortgage Defined Opportunity Fund is 45640 which is 0.82% below its average volume of 46021.
3. Cass Information Systems (CASS)
53.67% Payout Ratio
Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. It also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as checking, savings, and time deposit accounts; commercial, industrial, and real estate loans; and cash management services to privately-owned businesses and faith-related ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and leased facilities in Fenton, Missouri and Colorado Springs, Colorado. The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. Cass Information Systems, Inc. was founded in 1906 and is headquartered in St. Louis, Missouri.
Earnings Per Share
As for profitability, Cass Information Systems has a trailing twelve months EPS of $2.18.
PE Ratio
Cass Information Systems has a trailing twelve months price to earnings ratio of 20.18. Meaning, the purchaser of the share is investing $20.18 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.78%.
Volume
Today’s last reported volume for Cass Information Systems is 24046 which is 42.01% below its average volume of 41467.
Sales Growth
Cass Information Systems’s sales growth is 1.7% for the current quarter and 8.6% for the next.
4. Citigroup (C)
51.49% Payout Ratio
Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. It operates through three segments: Institutional Clients Group (ICG), Personal Banking and Wealth Management (PBWM), and Legacy Franchises. The ICG segment offers wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative, equity and fixed income research, corporate lending, investment banking and advisory, private banking, cash management, trade finance, and securities services to corporate, institutional, and public sector clients. The PBWM segment offers traditional banking services to retail and small business customers through retail banking, cash, rewards, value portfolios, and co-branded cards. It also provides various banking, credit cards, custody, trust, mortgages, home equity, small business, and personal consumer loans. The Legacy Franchises segment provides traditional retail banking and branded card products to retail and small business customers. The company was founded in 1812 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Citigroup has a trailing twelve months EPS of $4.04.
PE Ratio
Citigroup has a trailing twelve months price to earnings ratio of 13.44. Meaning, the purchaser of the share is investing $13.44 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.6%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 1, 2024, the estimated forward annual dividend rate is 2.1 and the estimated forward annual dividend yield is 3.78%.
Yearly Top and Bottom Value
Citigroup’s stock is valued at $54.30 at 01:23 EST, under its 52-week high of $57.95 and way above its 52-week low of $38.17.
Previous days news about Citigroup (C)
- According to Zacks on Tuesday, 6 February, "The 2nd U.S. Circuit Court of Appeals in Manhattan has dismissed an appeal by investors who accused Bank of America (BAC Quick QuoteBAC – Free Report) , Citigroup (C Quick QuoteC – Free Report) , JPMorgan (JPM Quick QuoteJPM – Free Report) and a few other big banks of rigging the $26-trillion U.S. treasury securities market. "
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.
